Answer:
$45 million
Explanation:
Data provided in the question:
Book value of assets = $940 million
Market value of assets = $985 million
Book value of liabilities = $900 million
Market value of liabilities = $930 million
off-balance-sheet assets = $150 million
Off-balance-sheet liabilities = $160 million
Now,
Stockholders Net worth
= Market value of assets + Off balance sheet assets - Market value of liabilities - Off balance sheet liabilities
= $985 million + $150 million - $930 million - $160 million
= $45 million
Answer:
a) T
b) T
c) T
d) T
Explanation:
All the statements are true. So, all the mentioned scenarios made the fraud difficult to detect.
I do online college if that counts and on campus.
Answer:
Capital gain tax = $1,540.
Explanation:
As per the data given in the question,
For stocks of A
Profit = (selling price - purchasing price) × units
= ($19 - $23) × 200
= -$800
For stocks of B
Profit = ($57-$41) × 600
= $9,600
Total profit = profit for stock A + profit for stock B
= -$800 + $9,600
= $8,800
Therefore, capital gain for both year = $8,800
Tax rate = 35%
Capital gain tax = Capital gain × Tax rate
= $8,800 × 35%
=$3,080
As share holds for more than a year,
So, Capital gain tax = $3,080 ÷ 2 = $1,540.
Answer:
Probably not
Explanation:
To me I think they planed to give the money to you guys for it try and put a little more in the project. The most important part is if the client is happy about the advertisement.
